A glance at China's 'Wall Street'

Visitors amble along South Street in the Ancient City of Pingyao. [Photo/Shanxi Daily]

South Street in the Ancient City of Pingyao, also known as Mingqing Street, is a nationally famous historical and cultural street.

Pingyao has been engaged in commercial activities since the Western Han Dynasty (206 BC-AD 24). It developed into a national trade and currency center during the later Ming (1368-1644) and Qing (1644-1911) dynasties. 

During the latter epoch, more than 50 percent of China's financial institutions were located on South Street, earning it the reputation of China's "Wall Street."

Stretching from the junction of East and West streets in the north of the city to Dadong Gate in the south, it ranked as the most prosperous commercial center during the Ming and Qing dynasties, and is one of the highlights of Pingyao's historical and cultural heritage. 

Looking south, the street retains its traditional layout and unique historical features. It is lined with towering residences and 78 time-honored shops, housing many traditional time-honored brands and ancient residential buildings with ancient architectural styles, some of which are over a century old. 

One notable cultural heritage on South Street is the Shilou, a well-preserved national relic. It's an iconic structure and the only high-rise in the Ancient City of Pingyao.

Other attractions include the Escort Agency Museum and folk inns, as well as 3D light shows, Pingyao Science and Technology Art Museum, and other audiovisual experience projects. Cultural performances are held periodically. 

According to the Pingyao tourism and cultural bureau, South Street not only showcases China's commercial history, but also represents the development of Shanxi merchants.